Hyliion (HYLN) CFO Jon Panzer Sells 13,595 Shares

What Happened

Jon Panzer, Chief Financial Officer of Hyliion Holdings Corp. (HYLN), disposed of 13,595 shares on 2026-08-21 at $3.32 per share, for a total of approximately $45,135. The Form 4 lists the transaction as an "Other acquisition or disposition (J)" and the filing indicates the sale was made at the issuer's direction to cover the reporting person's tax withholding obligations.

Key Details

• Transaction date and price: 2026-08-21 at $3.32 per share
• Shares sold: 13,595; total proceeds ≈ $45,135
• Shares owned after transaction: not disclosed in the provided data
• Footnote: Sale was executed at the issuer's direction under the issuer's award agreement; the issuer had sole discretion to sell shares to satisfy the reporting person's tax withholding (Footnote F1)
• Filing timeliness: Form 4 was filed with the same report date (no late filing indicated)

Context

This was an issuer-directed "sell to cover" transaction to meet tax withholding obligations related to an award — a routine administrative sale rather than an open-market decision reflecting the insider's view on the stock. Such dispositions are common when equity awards vest and do not necessarily signal confidence or concerns about the company.